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US LABOR MARKET WEAKENING
Gold extends gains on weak jobs data, lower oil pricesGold prices climbed on Thursday, reaching a one-week high, buoyed by weaker-than-expected U.S. jobs data and a dip in oil prices. Investors...- June manufacturing PMI hits 3-month low on weak export & biz ordersThe HSBC Purchasing Managers Index (PMI) compiled by S&P Global fell to 54.2 in June from 55 in May. It stood at 58.4 in June 2025.
- US stocks today: US stocks dip as US-Iran tensions weigh on sentimentUS stocks fell as US-Iran tensions weighed on sentiment, dragging Dow, S&P 500 and Nasdaq lower. Tech stocks led declines even as Meta surg...
- Why are gold and silver prices down today, and will precious metals continue to drop or rise again? Gold slips as Treasury yields and rate hike expectations increaseGold and silver prices declined as U.S. Treasury yields moved higher and expectations of another Federal Reserve interest rate hike increas...
- Rupee hits near three-week low at 95.24 vs USD as Asian currencies drop on Fed, Iran war cautionThe Indian rupee hit a near three-week low on Wednesday, mirroring declines in Asian currencies. Investors grew cautious ahead of U.S. Fede...
- Bitcoin falls to 21-month low on Strategy, rate-hike fearsBitcoin has plunged to a 21-month low, driven by anticipated interest rate hikes and worries over a major corporate buyer's shifting strate...
- Global Market Today: Asian stocks rise after US tech gains, yen steadyAsian markets surged, mirroring a strong US performance driven by chipmaker gains and resilient economic data. Investors are largely overlo...
- S&P 500, Dow Jones and Nasdaq close the first half of 2026 higher as chip stocks lead Wall Street: Here's why the US stock market ended June strongS&P 500, Dow Jones and Nasdaq today June 30: US markets concluded the first half of 2026 on a high note, with the S&P 500, Dow Jones, and N...
- US consumer confidence edges up in June; labor market perceptions deteriorateUS consumer confidence saw a slight uptick in June, buoyed by falling gasoline prices following a Middle East truce. However, this optimism...
- US job openings stayed at a surprisingly strong 7.6 million in MayDespite the economic fallout from the Iran war and soaring energy prices, the U.S. job market shows surprising strength. Job openings in Ma...
- Weak hiring is hurting young workers more than AI, study saysA new Federal Reserve study reveals that a scarcity of job openings, not a lack of AI skills, is the primary driver of unemployment among y...
- Dalal Street set for a positive start as GIFT Nifty trades higherIndian markets experienced a downturn on Monday, with the Nifty closing below 24,000 due to profit-taking and geopolitical concerns. IT and...
- Global Market Today: Asian stocks climb on tech rally, Yen hits 40-year lowAsian stocks surged to their best quarterly gain in 17 years, mirroring Wall Street's tech-led rally. The Japanese yen hit a four-decade lo...
- Rupee treads water, traders await range break to gauge directional trendThe Indian rupee held steady as tensions between Iran and the US eased, with traders anticipating a clearer market direction. Currently tra...
- Global Market Today: Asian shares slip, oil pares climbGlobal markets are showing cautious optimism as US and Iran reportedly step back from further conflict escalation, with talks scheduled in ...
- Quote of the Day by Russian writer Varlam Shalamov, who survived 17 years in Soviet Gulag camps: ‘A human being survives by his ability to forget…’Quote of the Day by Varlam Shalamov: The human mind possesses a remarkable ability to soften painful memories, allowing us to heal and move...
- Two-year yields dip as Hormuz flows rise, hopes on inflation growTreasury yields dipped Friday as falling oil prices, linked to increased Strait of Hormuz shipments, sparked hopes of easing inflation. Whi...
- Global Market: US weekly jobless claims drop more than expectedUS unemployment claims saw a sharper-than-expected drop last week, signaling continued labor market strength. Despite this positive sign, a...
- Dollar hits 13-month high as rate-hike bets, stock rout boost demandThe US dollar has hit a 13-month peak, fueled by a selloff in tech stocks and growing expectations for interest rate hikes from the Federal...
- Dollar at 13-month high as rate hike bets, stock rout boost demandThe U.S. dollar surged to a 13-month high, driven by a tech stock sell-off and anticipation of Federal Reserve rate hikes. Investors are fl...
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